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AMAX vs VRAI

Adaptive Hedged Multi-Asset Income ETF vs Virtus Real Asset Income ETF

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

VRAI

Virtus Real Asset Income ETF

Virtus

Annual cost

0.55%

Fund size

$18M

Key differences

  • VRAI costs 0.81% less per year.
  • AMAX is significantly larger than VRAI — larger funds tend to be more liquid and less likely to close.
  • AMAX is classified as alternative, while VRAI is equity — different risk/return profiles.
  • AMAX follows a option income strategy; VRAI uses index tracking.
  • Over the last 3 years, VRAI has delivered higher annualized returns.
  • AMAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

AMAXVRAI
Annual cost (TER)1.36%0.55%
Fund size (AUM)$60M$18M
Since20092019
Dividend yield10.63%3.19%
Asset classalternativeequity
Regionnorth america
Strategyoption incomeindex tracking
CAGR 1Y+12.5%+29.3%
CAGR 3Y+9.4%+11.9%
CAGR 5YN/A+6.0%
Sharpe 3Y0.600.59
Volatility 1Y10.01%11.93%
Max drawdown-16.25%-47.51%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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